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Grande Prairie (Population 40,226 - 2003 Municipal Census) is located in Alberta's Peace Country, so named for the Peace River which flows through it. European settlement of the Peace Country dates back to 1770 when the first fur traders entered the region. Grande Prairie began as a Hudson Bay trading post in 1881. Father Grouard, a Catholic Missionary, described the rolling plains and open prairie as 'la grande prairie' which led to the present name of the city. A large surge of settlers arrived in the 1930's as farmers from the drought stricken southern prairies came north to farm the moister soils of the Peach. The region currently produces more grain, for example, than the entire province of Manitoba. The discovery of oil at Leduc, Alberta, in 1947, ignited a series of explorations leading to the discovery of bountiful reserves of oil and natural gas in the Peace. As the reserves were exploited, the economy expanded and the region's population increased dramatically. The community was incorporated as a City in 1958. Strategically located in a vast expanse of fertile land to the north, east, and west, the settlement quickly grew into the most important wholesale and retail center for the Peace region. |
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| Cash Requirements for Grande Prairie | |
| Franchise fee | $ 8,500 |
| Training Fee | $ 6,600 |
| Initial Advertising Material | $ 5,000 |
| Leasehold Improvements | office not required |
| Keys Please The Driving Alternative published phone number | No charge |
| Central Dispatching | No charge for first six months |
| Fielding day-time inquiries on published phone number | No charge for first six months |
| Pre-opening Costs | N/A |
| Employees Required | N/A |
| Total Minimum Initial Investment | $20,100 |
| The above is based on the franchisee being active in the development of Grande Prairie. | |
| While this amount of money may be available to an applicant by way of a bank loan, we will not approve any candidate unless they have approximately one half of the total investment available in unencumbered cash. We believe that this amount of money is required so that the franchisee does not enter the business with an unreasonable debt load. | |
| What is Included in Your Initial Franchise Fee | |
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| *NOTE: Central dispatching fees will be charged to the franchisee commencing on the seventh month. These charges are determined by the volume of service requests. There is a minimum weekly charge. All charges for this service are paid in advance. | |
| The introductory information above is provided to help you in assessing Keys Please The Driving Alternative. It does not contain any detailed financial information. Once an application has been submitted and the application has passed the initial qualifying process, we will be happy to discuss potential location performances. | |
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